11th Feb 2021 11:55
Maestrano Group PLC - London-based artificial intelligence platform for transport corridor analytics - Reports total revenue of GBP728,392 for six months to December 31, more than double the GBP318,767 posted for the same period a year ago.
Pretax loss widens slightly to GBP734,187 from GBP714,644 a year ago as depreciation costs amount to GBP40,523 versus just GBP4,016 a year ago. Loss before interest, tax, depreciation and amortisation adjusted for other one-off items slims to GBP681,855 from GBP710,064.
"The company has a well evolved and differentiated value proposition for its target markets and is looking forward to continuing growth in 2021 and beyond," Maestrano says.
Current stock price: 15.90 pence
Year-to-date change: up 16%
By Lucy Heming;Â [email protected]
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